Coverage Overview: Fund Transfer Fraud Coverage

Coverage Overview
Fund Transfer Fraud Coverage 

Several SORSA members have recently asked us about this coverage.  A recent OASBO newsletter included an announcement from a different school insurer introducing this as a new coverage. The announcement also stated that the coverage limit would be $25,000 or lower.

You will be glad to know that SORSA has provided this coverage for several years.  The limit of coverage provided by SORSA is $100,000.

Other coverages provided in the SORSA Crime section include:
 Employee Dishonesty including Faithful Performance of Duty $ 100,000
 Forgery or Alteration $ 100,000
 Theft, Disappearance or Destruction $ 100,000

Ask your local agent if you have any questions at all about SORSA coverage.